Positive Breakout: These 8 stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
1/9
Upside Ahead?
In the Nifty500 pack, eight stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on August 20, 2026, according to stockedge.com's technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:
2/9
MMTC
200 DMA: Rs 63.33| LTP: Rs 66.27
3/9
Tega Industries
200 DMA: Rs 1752.67| LTP: Rs 1776.5
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4/9
Bandhan Bank
200 DMA: Rs 172.46| LTP: Rs 174.16
5/9
Aditya Birla Real Estate
200 DMA: Rs 1432.26| LTP: Rs 1445.5
6/9
Hindustan Zinc
200 DMA: Rs 571.49| LTP: Rs 573.9
7/9
JSW Cement
200 DMA: Rs 124.61| LTP: Rs 125.13
8/9
HDFC Asset Management Company
200 DMA: Rs 2621.53| LTP: Rs 2624